Tag: Bitcoin

Bitcoin miners brought in more than $500 million in revenue during November

Bitcoin miners brought in more than $500 million in revenue during November

Bitcoin miners made roughly $521 million in revenue during November — a significant jump over the previous month’s figure. According to data collected by The Block Research, the November number represented a 47.9% increase compared to October’s $352.57M in total Bitcoin miner revenue. Generally speaking, miners earn money by successfully creating the next block of […]

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Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs

Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs

While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin […]

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Mining City: A Blueprint for Success?

Mining City: A Blueprint for Success?

“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of the digital age”. Just as the discovery of gold deposits […]

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Former Goldman Sachs Chief and Trump Economic Advisor Says Bitcoin Lacks Integrity

Gary Cohn, a former chief economic advisor to President Donal Trump, who was also the ex-president and COO of investment bank Goldman Sachs, said that bitcoin could fail because it had integrity flaws. Cohn Spells Potential Doom for Bitcoin According to Bloomberg on Dec.1, Cohn stated that Bitcoin’s “integrity flaw” could lead to the failure […]

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Bitcoin, Ethereum and XRP (Ripple) are “quasi-monetary units”, says IMF

According to the International Monetary Fund (IMF), Bitcoin, Ethereum and XRP (Ripple) are classified as “quasi-monetary units”. In the case of the introduction of a Central Bank Digital Currency (CBDC), cryptocurrencies would have to be clearly delineated.  The International Monetary Fund (IMF) recently published a working paper entitled “Legal Aspects of Central Bank Digital Currency: […]

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After Lightning-Paced Tier-1 Sellout, ClinTex’s CTi Token Is Now Trading on KuCoin

After Lightning-Paced Tier-1 Sellout, ClinTex’s CTi Token Is Now Trading on KuCoin

PRESS RELEASE. ClinTex is all set to fulfill its promise of reducing cost and time wastage in the medical trials industry, with its CTi token available for public trading on KuCoin on Wednesday. Using the combination of blockchain, artificial intelligence and smart contracts, ClinTex is an innovative medical trial platform that will usher in an […]

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Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year

Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year

A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain sleuths believe the Chinese government may have […]

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